Nokia interim CEO, Risto Siilasmaa, explains Nokia’s future – Nokia Reinvented – the future of the next 150 years

I had some internet trouble last night and couldn’t get this posted. Anyway, NokConv has a piece from Risto Siilasmaa, Nokia’s interim CEO (and Chairman) on the Future of Nokia. Risto will be clarifying Nokia’s strategy in the coming months, and will be identifying the right person to be the next Nokia CEO

http://conversations.nokia.com/2013/09/11/nokia-reinvented/

• 32,000 of our 88,000 employees and little less than half of the trailing 12 month revenues move to Microsoft
• Nokia will look very different without the mobile devices and services business. But it will be a strong company, with healthy finances and three strong businesses – NSN, HERE, and Advanced Technologies – each a leader in technology and innovation
• There are three key areas to our reinvention of Nokia.
• The first element of Nokia Reinvented is NSN, our networks business, supplying technology and infrastructure to operators worldwide. We will continue to manage NSN as a strong, independent unit.
• HERE is another key business for Nokia. HERE is making solid progress to becoming the leading location cloud business through an offering across connected devices, enterprise solutions and car
• Finally, we will form a new business, Advanced Technologies, building on most of the activities from the current CTO unit and the IP business team, while exploring new, strategically important topics.
• Nokia’s investment in research and development also helped us build what we believe is the largest and strongest intellectual property portfolio in our industry, with around 10,000 carefully selected patent families. We’ve already established a successful patent and technology licensing operation, which we will expand to continue to drive revenue and profit for Nokia through the new Advanced Technologies business.
• I believe this is the beginning of the next 150 years of Nokia’s story.

Cheers All for the tip!

Category: Nokia